Point Roberts, WA, USA
Experience: Advanced
Platform: IB and free NT
Broker: IB
Trading: ES
Posts: 4,034 since Dec 2010
Thanks Given: 1,509
Thanks Received: 2,593
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Warren Buffet is in league with the govt and banks in the massive wealth swindle that is going on.
When the gov't needed him to boost the markets they made a deal with him - you buy GM preferreds we'll splash it all over the media
"world's greatest investor see value in US stocks! - You should buy too!!"
and we will bail out AIG the insurance giant in which you have billions of dollars of potential losses in your credit default swaps.
--- a win - win for Buffet.
This is just another replay of the same old, same old.
"Thieves and their Shills"
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-didn't see this as an answer on the poll. Seemed all the choices were on investment merits.
perhaps the polls could have a choice
"other"
and if you click that you get a comments box.
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AIG bonus payments controversy - Wikipedia, the free encyclopedia
A [B]credit default swap[/B] (CDS) is a similar to an traditional insurance policy, inasmuch as it obliges the seller of the CDS to compensate the buyer in the event of loan default.
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peace, love and joy to you
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